BigBear.ai (BBAI) stock price rises, but a Feb. 18 dilution vote is driving the chatter
BigBear.ai Holdings shares rose 1.6% to $4.86 by midday Tuesday, trading between $4.70 and $5.02 on volume over 41 million. Shareholders will vote February 18 on doubling authorized common stock to 1 billion shares, with online ballots due February 17. The company recently converted $125 million in notes to equity and announced new AI customs partnerships.